What is Carbon-Carbon Composite Material?
The carbon-carbon composite material is a reinforced carbon matrix composite, which consists of two-phase composite material. They are primarily used for extremely high temperatures and frictional applications. They provide many thermal and mechanical properties and require a hot place for proper performance. In the coming years, the carbon-carbon composite materials in thermal field materials will be a replacement of traditional graphite materials in most of the hot fields. It has a huge market potential, In the future it will certainly get a huge development, which has a huge opportunity.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | Toray Industries, Inc. (Japan), Hexcel Corporation (United States), Sigmatex (United Kingdom), Solvay S.A. (Belgium), Exel Composites Oyj (Finland), SGL Carbon SE (Germany), Toyo Tanso Usa, Inc. (United States), Tokai Carbon Co., Ltd. (Japan), Nippon Carbon Co., Ltd. (Japan) and MERSEN (France) |
The study covers a detailed analysis segmented by key business segments i.e. by type (Chemical Vapor Deposition and Liquid Impregnation Process) , by application (Braking System, Heat Shields, Furnace Fixturing, X-Ray Targets and Others) and major geographies. Research Analyst at AMA predicts that United States Manufacturers will contribute to the maximum growth of Global Carbon-Carbon Composite Material market throughout the predicted period.
The competition is expected to become even more intense in the years to come due to the entry of several new players in the market. To help clients improve their revenue shares in the market, this research study provides an in-depth analysis of the markets competitive landscape and offers information on the products offered by various leading companies. Additionally, this Carbon-Carbon Composite Material market report suggests strategies that Manufacturers can follow and highlights key areas they should focus on, in order to take maximum benefits of growth opportunities.
The report offers several leading Manufacturers, some of them are Toray Industries, Inc. (Japan), Hexcel Corporation (United States), Sigmatex (United Kingdom), Solvay S.A. (Belgium), Exel Composites Oyj (Finland), SGL Carbon SE (Germany), Toyo Tanso Usa, Inc. (United States), Tokai Carbon Co., Ltd. (Japan), Nippon Carbon Co., Ltd. (Japan) and MERSEN (France).
Market Overview:
In April 2021 Japan Polychem Corporation, a wholly-owned subsidiary of Mitsubishi Chemical Corporation, acquired Japan Polypropylene Corporation (JPP) Group companies and transferred the polypropylene compound (PPCP) business and FUNCSTER thermoplastic resin reinforced with long glass fiber business held by JPP.
According to ASTM (American Society for Testing and Materials) Standard Test Method for Thermal Oxidative Resistance of Carbon Fibers and "The test is used to determine the oxidative resistances of carbon fibers as a means of selecting the most stable fibers for incorporation in high-temperature fiber-reinforced composite systems. It can be used for quality control, material specification, and for research and development of improved carbon fibers. Factors that influence the oxidative resistance and should be reported are fiber identification, precursor type, fiber modulus, and any information on impurities, particularly metals. Also note that the presence of finish on the fiber can affect the oxidative resistance, and thus, alternative specimen preparations that enable the evaluation of finish effects are included."
Market players are focusing on providing Carbon-Carbon Composite Material with higher quality along with complying with all regulatory standards to fascinate more end users. They are also focusing on the introduction of numerous advanced & attractive features to further offer qualified Carbon-Carbon Composite Material. The market is fragmented owing to the presence of several international and domestic providers. The high focus on offering cost-effective product offerings. Besides, the numerous industry profitability has led to the entry of new players, in turn, increasing the level of rivalry in the already competitive market.
Influencing Trend:
Increasing Use of Sustainable Carbon-Carbon Composite Material and Continuous Research and Development in Composite Material
Market Growth Drivers:
Increasing Demand in the Military Aerospace Industry Due to its Various Thermal and Mechanical Properties
Challenges:
Lack of Heat Transfer Efficiency and Hot Structures and Safety Risk Associated with Carbon-Carbon Composite Material
Restraints:
High-Cost Availability of Carbon-Carbon Composite Material and Stringent Regulatory Guidelines
Opportunities:
Technological Advancement in the Manufacturing of Carbon-Carbon Composite Material and Improving the Heat Transfer Efficiency of Composite Material
Key highlights of the Global Carbon-Carbon Composite Material market Study:
CAGR of the market during the forecast period 2022-2028
In-depth information on growth factors that will accelerate the Carbon-Carbon Composite Material market in next few years.
Detailed Insights on futuristic trends and changing consumer behavior
Forecast of the Global Carbon-Carbon Composite Material market size and its contribution to the parent market by type, application and by country.
A broad view of customer demand
Uncover markets competitive landscape and in-depth information on various Manufacturers
Comprehensive information about factors that will challenge the growth of Carbon-Carbon Composite Material Manufacturers
Transformation and Important Triggers:
Business transformation has taken hold across the broad corporate landscape due to the confluence of several important triggers, including:
A tipping point in globalization
A major slowdown in Western economies
Significant shifts in technology and cost structure
The challenges of regulatory compliance
New forms of competition developing
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Carbon-Carbon Composite Material market.
In order to reach an exhaustive list of functional and relevant players, various industry classification standards are closely followed such as NAICS, ICB, and SIC to penetrate deep into important geographies by players, and a thorough validation test is conducted to reach the most relevant players for survey in Carbon-Carbon Composite Material market.
In order to make a priority list sorting is done based on revenue generated based on the latest reporting, using paid databases such as Factiva, Bloomberg, etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment> by targeting key target audience that includes Carbon-Carbon Composite Material Manufacturers, Carbon-Carbon Composite Material International Traders, Carbon-Carbon Composite Material Distributors and Suppliers, Research and Development Institutes, Potential Investors, Industry Associations, Regulatory Bodies and Others.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth, etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that include Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases, etc.